The EquiLend 1Source ledger will retain a central record of the agreements made between counterparties in a securities lending transaction and is set to go live across the market in 2024
The proposal would require a significantly larger portion of the U.S. Treasury cash and repo markets to be centrally cleared through an SEC-registered central counterparty
Its central bank digital currency connector is designed to ensure that CBDCs can coexist with each other and with established fiat currency payments infrastructure, says the Brussels-based organisation
In a review of its senior lending team, BBH has promoted Holmes to global head of securities lending, Tom Poppey moves to head of securities lending product strategy and Robert Lees remains as global head of securities lending trading
The arrangement will enable capital efficiencies for clearing members that trade and clear both US Treasury securities and CME Group Interest Rate futures
Project Sela has proven the simplicity of a retail central bank digital currency (rCBDC) ecosystem that combines accessibility, competition and preventative cyber security, while retaining key advantages of physical cash
The initiative has been established to create a viable alternative to trade and clear euro-denominated STIR derivatives within the EU to offer liquidity across all fixed income derivatives and repo products
The Bank of Italy’s Fabio Panetta will become chair of the Bank of International Settlements (BIS) Committee on Payments and Markets Infrastructure on 1 November 2023, replacing the Bank of England’s Sir John Cunliffe